<h1>Major conglomerate exits AWL Agri Business selling remaining 10.42% stake for Rs 3,732 crore</h1> A major conglomerate completed its exit from AWL Agri Business by selling its remaining 10.42% stake for Rs 3,732 crore through open market transactions. The subsidiary offloaded 13.54 crore equity shares in 11 tranches at an average price of Rs 275.50 per share. Dubai-based investment firm purchased 8.52% stake for Rs 3,050 crore, while various mutual funds and international investors acquired the remaining shares. This follows the group's earlier sale of 20% stake to a Singapore-based company for Rs 7,150 crore and a 13.51% stake sale in January generating Rs 4,855 crore. The conglomerate had announced plans to divest its entire 44% holding to focus on core infrastructure businesses. AWL Agri Business, which sells edible oil and food products under the Fortune brand, reported net profit of Rs 1,226 crore on total income of Rs 63,910 crore in fiscal 2024-25.